According to the most recent CoreLogic Home Price Insights (HPI) report, home prices in the U.S. saw a year-over-year increase of 4.7% in June 2024 compared to June 2023. Month-over-month, there was a 0.3% growth in home prices in June 2024 compared to May 2024. This marks the 149th consecutive month of year-over-year home price […]
Did you know that having a Trader Joe’s or an ALDI near your property could potentially increase its ROI? This information comes from ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Keep that in mind when stocking your pantry! Stay safe and have a Happy Friday! [Link to
The Influence of the Location of a Grocery Store on Housing Prices Read More »
Ever dreamed of getting into the real estate game to invest in multifamily deals for profit, but didn’t have the network, or the cash or know how to get started? I know many of Boston REIA’s members did, but we now have the perfect solution! On August 20th at 7pm EST, Boston REIA is partnering
The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her
According to the most recent ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies saw a significant spike in June, increasing by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, the number of loans in active foreclosure reached the lowest point since the end of COVID-era moratoria. The ICE Mortgage
Today’s real estate investment property market emphasizes investors’ focus on securing the right capital for their assets. CBRE’s Capital AI has the potential to change the game by leveraging artificial intelligence to analyze billions of proprietary data points and unlock a wider pool of capital sources, empowering investors to achieve optimal deal outcomes. CBRE launched
CBRE Unveils Capital AI: Unlocking the Power of Real Estate Investment Property Data Read More »
The most recent report from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed a 5.9% annual increase in May 2024. The 10-City Composite saw a 7.7% increase, while the 20-City Composite saw a 6.8% increase year-over-year. According to Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones
S&P CoreLogic Case-Shiller surpasses last month’s record high. Read More »
The National Association of Realtors has reported a 4.8% increase in pending home sales in June 2024. The Pending Home Sales Index, based on contract signings, reached 74.3 in June, with all four U.S. regions seeing an increase in transactions. The chief economist at NAR, Lawrence Yun, noted that the rise in housing inventory has
Pending home sales saw a 4.8% increase in the month of June. Read More »
Currently happening at Inman Connect Las Vegas, from July 30-Aug. 1, 2024, expect clarity, answers to important questions, and new business opportunities. JOIN US VIRTUALLY. National Association of Realtors President Kevin Sears addressed the audience at the Aria Resort & Casino in Las Vegas, emphasizing the importance of stability and resilience in the face of
NAR President Kevin Sears sends message of resilience at ICLV Read More »
According to a recent report from Redfin, home purchases in June experienced the highest rate of cancellations on record, with 56k home-purchase agreements being canceled, equal to 14.9% of homes that went under contract that month. The report attributes this trend to higher housing costs causing buyers to get cold feet. Additionally, the median home
In June, home purchases experienced the highest rate of falling through on record. Read More »